VELA by Omniyat — Handover Date & Construction Status

VELA by Omniyat is an off-plan residential development by Omniyat located in Business Bay, Dubai.

Expected handover: Q3 2026. Construction status: Near Handover.

VELA by Omniyat is a landmark ultra-luxury residential tower in Business Bay Marasi Bay waterfront. Managed by Dorchester Collection and designed by Foster + Partners, VELA offers just 38 residences with private pools, direct marina access and breathtaking views of the Dubai Canal.

Payment plan: 20% booking + 80% on handover. Starting from AED 42,000,000.

Data sourced from: Developer official website. Last verified: not informed.